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Hong Kong AI-focused recent IPOs extended this week's gains: 02685.HK up more than 25%, 02661.HK up over 20%, 02513.HK rose as much as 10%, 09903.HK and 03986.HK each climbed over 4%, 06166.HK and other peers also advanced.

2026-06-18

Hong Kong AI-focused recent IPOs extended this week's gains: 02685.HK up more than 25%, 02661.HK up over 20%, 02513.HK rose as much as 10%, 09903.HK and 03986.HK each climbed over 4%, 06166.HK and other peers also advanced.

Other News
2026-06-18

Federal chair Kevin Warsh said some incoming economic data may only be echoes of the past.

Federal chair Kevin Warsh said some incoming economic data may only be echoes of the past.
2026-06-17

June 17 — Nomura Orient International Securities said market volatility creates a window to raise defensive dividend exposure but warned overseas macro shocks could extend the adjustment. Near term it recommends boosting dividend-yielding sectors, pr

June 17 — Nomura Orient International Securities said market volatility creates a window to raise defensive dividend exposure but warned overseas macro shocks could extend the adjustment. Near term it recommends boosting dividend-yielding sectors, prioritizing banks with limited capital consumption and sustainably high ROE and dividend yields, and central SOE property leaders that benefit from faster supply-side concentration. Under its base case the recent high/low rotation is temporary; medium- to long-term A-share returns will be driven mainly by the technology theme. Within tech it favors compute hardware constrained by capacity — notably storage, optical communications, AI power systems and liquid cooling — plus supporting infrastructure such as gas turbines, and domestic compute suppliers that benefit from policy support and strong demand.
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